LaSalle County, IL Land Auction – Seneca Foods Corporation

Tuesday, December 14, 2021 - 10:00 am Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

Location

LaSalle County, Illinois

308.94 Surveyed Acres • 2 Tracts

Seller

Seneca Foods Corporation

Tim Nelson, Senior VP of Operations

Managed By

Kevin Haas (309) 264-7767

General Information

Land is located in Sections 26 & 27, T36N • R1E, Mendota Township, LaSalle County, IL.

Tract 1 – 246.63 Surveyed Acres
34.97 acres lie within Mendota city limits
2 center pivots
Tract 2 – 62.31 Taxable Acres
21.75 acres lie within Mendota city limits

Survey Information

Location & General Information

The Seneca Foods Corporation real estate is located approximately 2 miles northeast of Mendota, IL, and is further described as being in part of Sections 26 & 27, T36N-R1E, Mendota Township, LaSalle County, IL.

The land contains a total of 308.78 acres (subject to survey), and will be sold in 2-parcels. Both tracts represent mostly tillable, NHEL, Class A farmland. Farmers and investors, be sure to check out these ideally located, highly productive tracts which also offer development potential.

Tract Information

Tract 1 - 246.47 Acres± (Subject to survey)

  • FSA maps indicate 198.73 NHEL cropland acres
  • Opportunity to add additional tillable acres
  • Balance of the acres is in waterways
  • Soil Productivity Index (PI): 142.3 (Class A)
  • Soil types include Muscatune, Sable and Catlin
  • Improvements include:
  • T-L 9-tower electric drive center pivot & 4-tower electric drive center pivot (pivots are not connected to water wells as they were previously connected to a processing plant waste water system)
  • Harvestore 300,000 gallon Slurrystore
  • BNSF Railroad borders along the south side
  • Road access along the north side by N 4409th/N 44th Rd and along the west by E 4th Rd

 

Tract 2 - 62.31 Taxable Acres

  • FSA maps indicate 57.05 NHEL cropland acres
  • Balance of the acres is waterways
  • Soil Productivity Index (PI): 138.8 (Class A)
  • Soil types include Catlin, Sable, Muscatune and Sawmill
  • BNSF Railroad borders along the south side
  • Road access along the north side by N 4350th Rd and on the east by E 4th Rd

Tract Information

A survey will be completed prior to the auction on Tract 1 and it will be sold by the acre, based on the final surveyed acres. Tract 2 will sell by the acre based on the taxable acres. Both tracts will be offered through the marketing method of “Buyer’­­s Choice” whereas the high bidder can purchase (in any order) either or both tracts for their high bid. If the high bidder only elects one of the tracts then the remaining tract will then be sold. The tracts will not be offered together at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment, which will be held in escrow until closing. The balance of the purchase price will be due at closing which will be on or before January 14, 2022. Possession will be given at the time of closing. The land sells free and clear of tenancy for the 2022 crop year. The sellers will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022.

Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal or inspection.

All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”. Seller reserves the right to reject any and all bids.

Aerial Tour

Plat Map

Aerial Map

SOIL MAPs

Photos - Tract 1

Photos - Tract 2

Seneca Foods Corporation

Tim Nelson, Senior VP of Operations

 

 

Auction Manager:

Kevin Haas (309) 264-7767